Today Shark Tank: How’s Coffee Meets Bagel Doing?

Today Shark Tank: How’s Coffee Meets Bagel Doing?

Shark container brings entrepreneurs in early levels of creating their own company a remarkable chance to get investment to upfront their particular enterprises furthermore. A vast range of business ideas have been presented to the Sharks over the years. Although some of the have now been a flop, there has been most revolutionary and special companies that has satisfied the Sharks while they demonstrated potential that is huge. One idea that is such the Sharks demonstrated fascination with was coffees matches Bagel.

Coffees satisfies Bagel was an internet dating and social network internet site that was released in April 2012 by sisters Arum, Dawoon, and Soo Kang. The siblings produced a quote for financial investment in an bout of Shark Tank that broadcast in January 2015. They need a good investment of $500,000 in return for 5% of these companies.

Their own pitch satisfied the Sharks such that tag Cuban produced the greatest quote within the reputation for the collection. In place of providing the siblings the $500,000 they need with regard to 5% risk, he provided them $30 million for the whole businesses. This bid amazed visitors and Cuban’s that is even surprised fellow.

Nonetheless, the Kang siblings are not happy to spend the their particular companies and, towards the security of several watchers, switched along the give. Continue reading Today Shark Tank: How’s Coffee Meets Bagel Doing?